| 摘要 |
In a telecommunications system where the price of communications is established by the network operator ("the seller") in accordance with actual or predicted demand in such fine increments that it becomes "dynamic" from the user's perspective because the prices vary to such a high degree that individual users ("buyers") are unable to execute a rational economic decision without incurring prohibitively high transaction costs. The present invention provides a method to reduce the transaction costs of such a system by determining and storing individual users' "threshold prices" for a variety of communications and circumstances. By comparing the network operator's offered price for the communication with the user's pre-determined threshold price, and executing a decision automatically based on the results of the comparison, the invention significantly reduces the transaction costs to the user and network operator to the point where dynamic pricing becomes viable and beneficial for both the seller and buyer.
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